REOPro - Real Estate Default Professionals

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Chase Priority Partner Short Sale Referral Program

As a Chase Priority Partner I was recently invited to join the Chase Short Sale Real Estate Agent Referral Program to be eligible to receive short sale listing referrals. I submitted my application and was accepted to the program. I have yet to complete the Chase short sale process training course which will be taking place in the middle of January 2013.

Can anyone please share their experience if already active in the program? How long after completing the course did you start to receive referrals? Have the referrals been solid? Have you been able to secure the listings and/or successfully close the sales?

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Comment by Michael Collins, CDPE, SFR on March 27, 2013 at 3:55pm

Yeah, I should be listing an REO with them within the next few weeks. Hopefully that will get the ball rolling! Thanks for your input!

Comment by Yanoska Diaz on March 27, 2013 at 3:53pm

Hello Michael,

When you market REO properties for Chase you automatically become their Priority Partner because you promote their financing programs in your listings. If you have never listed REO for Chase then you need to visit your closest branch and set up a meeting with one of their Loan Officers, you establish a relationship of referrals and he/she should be able to set you up in the Priority Partner Program.

I do thank you for your participation because you just reminded me I have to call my Partner to find out what is happening with my referrals, there may be a glitch with my zip codes, the program is working wonders here in Florida and I know agents are getting listings and closing the deals. Chase is such a wonderful Institution to work with!!

Comment by Michael Collins, CDPE, SFR on March 27, 2013 at 3:33pm

Hi Yanoska,

Thanks for this discussion. Do you have any updates? Have you received any referrals.

I sent an email to the Regional Short Sale/REO manager recently, but have not heard anything back.

What did it take for you to get in the original 'Chase Priority Partner' program?

Comment by Yanoska Diaz on December 15, 2012 at 10:58am

Our market here in South Florida has appreciated tremendously as well, but default loans originated by Wamu and Countrywide (just to name the largest) have accumulated interest and fees that date back to 2006 in some cases, many of these loans carry a second lien as well, we still have a lot to get done!

Comment by Marcy Moyer on December 14, 2012 at 10:34pm

I took the training last summer but have not received any leads. However, my market in the Silicon Valley has had so much appreciation recently that even short sales are scarce now.

Comment by Yanoska Diaz on December 14, 2012 at 6:14pm

Crystal, if you market REO properties for Chase you should be a Chase Priority Partner. If you were unaware of the program you need to contact your assigned Chase Mortgage Banker/Loan Officer to send you an invitation to join.

Nancy, I am sorry to hear about your experience. I know keeping up with Equator, Res.net and all the "new" portals, memberships, etc are diving very deep in all of our pockets.

Comment by Nancy Fraser on December 14, 2012 at 6:06pm

You need to have a loan officer refer you

Comment by Crystal M. Bush on December 14, 2012 at 6:03pm

How does one become a Chase Priority Partner?

Comment by Nancy Fraser on December 14, 2012 at 5:51pm

I completed this months ago and also had to take the Equator Certification even though I was working on it for years. I have not received one lead to a listing from them to this date.

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